Jagan Reddy endorsed liquor kickbacks to fund welfare, YSRCP: Andhra SIT

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Jagan Reddy endorsed liquor kickbacks to fund welfare, YSRCP: Andhra SIT - Business Standard

Quick Summary:

The prime accused in the alleged Rs 3,200 crore liquor scam during the erstwhile YSRCP regime has "confessed" that former Chief Minister YS Jagan Mohan Reddy had endorsed him to chalk out an excise policy which would generate revenues for the state and party (YSRCP), said a SIT official in his remand report.

"During the confession, he (Kasireddy Raja Sekhar Reddy) stated that Jagan Mohan Reddy, the then chief minister, endorsed him to chalk out an excise policy by which more revenue is generated for the state enabling the government to use the same for welfare measures on one side and to get party fund on the other side," said the report.

However, the YSRCP rejected the charges, criticising the TDP-led NDA government in Andhra Pradesh for orchestrating a politically motivated liquor scam narrative against party leaders and employing media propaganda to propagate it.